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154 ARENA DR, LIBERTY HILL, TX 78642

LIBERTY HILL, 78642 — williamson County

3 bed2 bath1,649 sqftBuilt 2023

Property at a Glance

This home is estimated between $329,274 and $521,050, with a best estimate of $494,488. That places the property above the I124422C - BUTLER FARMS median of $395,121, in a neighborhood that appreciated 17.6% over the past year.

Estimated Value Range

$329,274 $521,050
Best Estimate
$494,488
WCAD Value
$355,798
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I124422C - BUTLER FARMS. The estimated range of $329,274 and $521,050 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,756 sqft Built 2021
Raw Value $537,178
Adjusted Value $494,488

Adjusted -$27,477 for 107 sqft less living space and -$15,213 for being older. Net adjustment: -$42,690.

3 bed 2 bath 1,629 sqft Built 2021
Raw Value $427,974
Adjusted Value $417,897

Adjusted +$5,136 for 20 sqft more living space and -$15,213 for being older. Net adjustment: -$10,077.

3 bed 1,602 sqft Built 2022
Raw Value $324,811
Adjusted Value $329,274

Adjusted +$12,069 for 47 sqft more living space and -$7,606 for being older. Net adjustment: +$4,463.

3 bed 2 bath 1,621 sqft Built 2021
Raw Value $529,073
Adjusted Value $521,050

Adjusted +$7,190 for 28 sqft more living space and -$15,213 for being older. Net adjustment: -$8,023.

4 bed 1,638 sqft Built 2021
Raw Value $527,967
Adjusted Value $515,579

Adjusted +$2,825 for 11 sqft more living space and -$15,213 for being older. Net adjustment: -$12,388.

The Neighborhood

This home is valued 10.0% below the I124422C - BUTLER FARMS median of $395,121. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 17.6% over the past year.

I124422C - BUTLER FARMS

typical
288 Properties
$395,121 Median Value
+17.6% YoY Change
0% Have Pool
100% Have Garage
This Home
$355,798
Median
$395,121

This home is -10.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,815 across all districts. With a homestead exemption claimed, that drops to $5,992 — saving $1,823 per year. That's $499 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$4,408
Liberty HillCity0.4694%$1,670
Williamson CountyCounty0.3694%$1,314
Williamson County ESD #4 - Liberty HillESD0.0745%$265
Williamson County FM/RdCounty0.0443%$158
Butler Farms PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T16)other0.0000%$0
Total Annual Tax2.1966%$7,815

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $494,488 would pay approximately $3,087 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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